×
The Standard e-Paper
Informed Minds Prefer The Standard
The Standard Group Plc is a multi-media organization with investments in media
platforms spanning newspaper print operations, television, radio broadcasting,
digital and online services. The Standard Group is recognized as a leading
multi-media house in Kenya with a key influence in matters of national and
international interest.
Audio By Vocalize
Kenya's foreign currency reserves have experienced a significant increase of Sh51.3 billion, reaching almost the necessary threshold of four months' worth of import cover, in just sixteen days after receiving a substantial loan from the International Monetary Fund (IMF).
The pool of critical reserves surged to Sh1.1 trillion ($7.134billion), equivalent to 3.81 months of import cover, in the week ending February 1, the Central Bank of Kenya (CBK) weekly statistical supplement showed on Friday.
Subscribe to our newsletter and stay updated on the latest developments and special offers!
join